Education technology startup Byju’s has said it plans to double its workforce this year by adding 3,000-3,500 employees, kicking off one of the largest such recruitment drives by a private internet company in the last few years. Unlike food delivery firms Swiggy or Zomato that largely do the bulk of their hiring for the delivery […]
Keen to be no.1 in FMCG, ITC seeks the e-commerce edge
ITC is set to become one of the first frontline FMCG companies to start its own e-commerce operation for premium and niche products as it seeks to expand market share in the fast growing online sales segment and ensure wider availability of products, executive director B Sumant said. A recent report by Nielsen says e-commerce […]
After snub from Twitter CEO, house panel considering sending a "strong" message
The parliamentary standing committee on information technology is exploring ways of expressing its frustration, including declaring breach of privilege, at being unable to get Twitter CEO Jack Dorsey or his secondin-command to attend its hearing on Monday, said people with knowledge of the matter. This may include sending a “strong” recommendation to the government seeking […]
Western countries have rules to access encrypted data from social platforms, why not India?
By Dr Kamlesh Bajaj The Ministry of Electronics and Information Technology recently unveiled draft rules under section 79 of the Information Technology Act to curb fake news and rumours on social media platforms. These platforms are intermediaries under Section 79. The rules clearly state that an intermediary must inform its users not to host, publish […]
Online content moderators see surge in demand from Chinese apps
Chinese apps are now providing an increasing share of business to content moderating firms locally, an industry which was driven largely by clients from the US and Europe. What is helping these platforms is that Chinese short-video streaming apps like TikTok, Vigo Video, and LIKE have been gaining market share not only in India but […]
Mirae Asset-Naver Asia in talks to invest in Ola
Ola has signed a term sheet with Mirae Asset- Naver Asia Growth Investment, a fund jointly launched by the Korean financial services giant and one of the country’s top internet companies, for the latter to potentially invest in India’s largest ride-hailing platform. A possible investment in Ola is likely to be part of the Bengaluru-based […]
In the age of Netflix, can Doordarshan leverage nostalgia?
Sagar Gholap, 42, has been watching Rangoli, Doordarshan’s hour-long programme on Hindi film songs, ever since he was 12. It has been a constant on a weekend morning, a throwback to his childhood when Sunday was the only day he didn’t have to get out of bed at 6 am sharp. “I was allowed to […]
View: How India is leading digital revolution with speed and scale
By Arvind Gupta, MyGov India missed the first and second Industrial Revolutions in the 19th and early 20th centuries as it was then fodder for colonial industrialisation. It also missed the third technology-driven one, since it came at a time when India’s economic policies were not conducive to technology. But India has been lucky to […]
Oyo in talks with LA firm to buy Keys Hotels
SoftBank-backed Oyo Hotels and Homes is in talks with Los Angeles-based Berggruen Holdings, a $2-billion private equity and venture capital firm founded by billionaire investor Nicholas Berggruen, to acquire their company Keys Hotels in India, sources told ET. Berggruen Holdings is the owner of Berggruen Hotels in India, founded in September 2006 to build and […]
Brands plan direct listing on Amazon, Flipkart
Though Amazon and Flipkart are getting back to normalcy, a bunch of big and small consumer goods brands are going to list themselves directly as sellers on these two e-commerce marketplaces or appoint an authorised seller to ensure that they are able to tide over any government policy uncertainties by ensuring stocks are always available […]